To me that would be simpler and also eliminate any additional expense to generate and record any additional documents. 

If applying requires more than two brain cells and one minute of their time, you'll eliminate a lot of the lookers.I recommend a syndication software.

And your heirs will always be grateful for the tax free legacy of wealth you left Them.Post being - Deferring tax on real estate is even more powerful than investing in a tax deferred IRA or 401K because there are several off ramps to eliminate the tax throughout your entire life - and beyond.

The seller's family, burdened by a vacant and vandalized house, simply wanted to eliminate the mortgage.

Generally, this would be ok if you are building at scale and planning to build high quantity of modules, which would eliminate single family homes or ADUs. 

., how did you get here - "resentment and desire to eliminate your competition by libel and slander."

Unfortunately, Loves Park has just changed hotel definition to include STR in attempt to eliminate STR.

Also, you might want to consider about how the higher rate fits with your long-term investment strategy even though eliminating PMI and having no fees are nice perks. 

Hi Jessenia,I've been in the game for quite some time and have many battle scars to prove it lolMy best advice would be to always look at a worst case scenario and start from that.By starting with a worst case scenario you will be able to quicker eliminate markets that aren't a good fit.I don't know much about NY but personally, I wouldn't invest in any market that takes 6 months or even worse longer to evict.Worst case scenario for example = Tenant doesn't pay rent and trashes the property.I would want to be able to evict, fix and re-tenant as quickly as possible.Time is money and I want to keep moving forward and not deal with financial and emotional drag.There are many markets nation wide that are landlord friendly.My business is based on Ohio and there is no mercy for non payment of rent.Eviction usually takes 6 weeks max and although I never want to evict, being able to do so quickly minimizes risk of that investment.Thanks 

so, that verbiage would rule out a "lease purchase" IF they are trying to use the rental income AND eliminate the underlying mortgage payment they are still obligated on.